💰 NCR-Compliant Loan Calculator

Personal Loan Calculator
South Africa 2025

Calculate monthly repayments with accurate NCR fee caps. Compare rates from major SA banks including FNB, Standard Bank, ABSA, Nedbank, and Capitec.

27.5%
Max Interest Rate
R69
Max Service Fee
84 Months
Max Term
Free
Calculator

Personal Loan Calculator

Calculate monthly repayments with NCR-compliant fees

Typical range: R1,000 - R300,000

Typical range: 15% - 28% (max 27.5% NCR cap)

NCR Fee Caps

  • • Initiation fee: R1,050 + 10% of loan (capped)
  • • Monthly service fee: Max R69/month
  • • Interest rate cap: 27.5% per year
  • • Credit life insurance: ~0.4%/month of balance

SA Bank Personal Loan Rates (2025)

BankInterest RateMax AmountMax Term
FNB15% - 27.5%R300,00072 months
Standard Bank15% - 27.5%R300,00072 months
ABSA15% - 27.5%R350,00084 months
Nedbank15% - 27.5%R300,00072 months
Capitec18% - 27.5%R250,00084 months
African Bank21% - 27.5%R250,00072 months

Tip: Your interest rate depends on your credit score, income, and loan amount. Always compare quotes from multiple lenders before committing to a loan.

Personal Loans in South Africa

Personal loans (unsecured loans) are regulated by the National Credit Regulator (NCR). Interest rates, fees, and charges are capped to protect consumers. Always compare quotes from multiple lenders before committing.

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NCR Regulated

All fees and rates capped by National Credit Regulator

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Up to R350,000

Typical maximum loan amount at major banks

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Up to 84 Months

Maximum repayment term (7 years)

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No Collateral

Unsecured loans - no asset required as security

Loan Requirements

Basic Requirements

  • • SA citizen or permanent resident
  • • 18 years or older
  • • Regular income (employed or self-employed)
  • • Bank account in your name

Documents Needed

  • • SA ID or passport
  • • Proof of income (3 months payslips)
  • • 3 months bank statements
  • • Proof of residence

Tips to Get Approved

  • • Check credit score before applying
  • • Clear any defaults or judgments
  • • Reduce existing debt first
  • • Apply for an amount you can afford
  • • Compare multiple lenders

Warning: Responsible Borrowing

Only borrow what you can afford to repay. Missing payments will damage your credit score and may result in legal action. If you're struggling with debt, contact a debt counsellor for free advice.